BlackRock Suddenly a Lot More Bullish on US Stocks With Tax Cuts ‘Supercharging’ Profits

(CNBC) BlackRock strategists have turned increasingly bullish on U.S. stocks, raising them to overweight because fiscal stimulus is “supercharging U.S. earnings growth expectations.” Kate Moore, BlackRock’s chief equity strategist, said that the firm thinks “the fundamental story is the best it’s been, which is surprising given how far we are into this cycle.”

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